Description
Please note: the scaffolding in view is across the street.
As a shareholder in this financially strong cooperative, you'll enjoy all of the benefits of a very well-managed, fully staffed building. Regency East is a 100% shareholder owned cooperative, built in 1963 and converted in 1987, with exceptional financials, 75% financing, low maintenance and NO FLIP TAX. Among its amenities: Sebco mobile app-based laundry, document shredding service, 301 Park Corp. and both Verizon fios & Spectrum service providers. Washers and dryers are now permitted with Board approval. The Corporation's current commercial tenants: Housing Works, Bright Horizons Day Care, H & R Block and Yuksel Sahin Hair Salon. Regency East's infrastructure has been completely upgraded: dual natural gas/refined heating oil system, the chiller for the central air, the elevator systems and elegant hallways renovated in 2019. There are also plans to renovate the lobby in the future. The Corporation owns the land and the commercial leases, permits guarantors, gifting, pied-a-terre ownership and cyclical subleasing. Notable amenities in the immediate area: Barry's Boot Camp across the street, Purre Barre fitness, Health Nuts, CVS & Duane Reade on Second Ave. and 5 Zipcar garages, 2 Equinox Health Clubs, SoulCycle, Flywheel and Massage Envy no more than 3 blocks away.
Building Features 18 Floors148 Units
Unit Features
$655,000 / $873 per ft²
Sold: Mar 07, 2024
-6.29% from ask / 240 Days to Sell
1 Bed / 1 Bath - / 750 ft²
Total Monthly Expenses: $1,467
Exclusively listed with: Corcoran Group
R Brian Philpott
brian.philpott@corcoran.com
(917) 757-5503
Unit listing history
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